Cedar Fair 3Q revenue up, despite missed attendance goals

Posted Friday, November 9, 2001 5:27 AM | Contributed by HarKarVolBasTre

Cedar Fair yesterday announced a 7% increase in 2001 third-quarter revenues and a 4% increase in earnings before interest, taxes, depreciation and amortization, and non-cash and non-recurring items (adjusted EBITDA). The chain overall did not meet its attendance expectations for the year.

Read the official press release from Cedar Fair.

Friday, November 9, 2001 9:14 AM
This only means that the attendance that showed up, spent allot of money.  Remember, 40% of CP's revenues are from food and retail. 
Friday, November 9, 2001 9:22 AM
Actually, per capita spending was flat according to the annuncement I believe.  I think the increses are due to the additional profits from their new properties, such as Michigan's Adventure.

2001 Magnum Crew


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